BUSI 620 MENTOR Learn Do Live /busi620mentor.com BUSI 620 MENTOR Learn Do Live /busi620mentor.com | Page 21

1
7
4
Average variable costs
$20
Project selling price
$30
Determine the breakeven output and total sales revenues
and draw the cost-volume-profit chart
Determine the output that would generate a total profit of
$60,000 and the total sales revenues at that output level;
draw the cost-volume-profit chart.
Spreadsheet problem 1: For the following table, calculate in
Excel the average fixed costs (AFC), the average variable
cost (AVC), the average total costs (ATC), and the marginal
costs (MC).(note total fixed cost=$30)
Salvatore’s Chapter 9:
a) Problems: 7, 11, and spreadsheet problem 1.
Problem 7: From figure 9-4, determine the effect of a 33
percent tariff on commodity X